For Expert Oriental & Area Rug Certified Appraisals, Claims and Sales Training and Education, Call Steve Boodakian at 617-721-9232, or Sy Mahfuz at 603-759-5193 Today

Appraisals For Attorneys

Trusts & Estates

Legal professionals and other interested parties with fiduciary obligations in trust and estate situations are often called upon to value fine rugs for tax reasons or equitable distribution among parties. Our certified appraisals determine the real worth of rugs so you can accurately represent them on tax return filings, and, they can be confidently passed on, sold outright or valued for auction.

Litigation and Expert Testimony

Disputes involving Oriental Rugs are not uncommon, especially in divorce cases, equitable distribution of Estate assets and in the case of a major Insurance Loss. It is extremely important that written evaluations upon which you must rely are clear, comprehensive, accurate and, above all, defensible in case of challenge.

MERA’s appraisals are backed by a combined 80 years experience and current in-the-market expertise. In cases, where proper valuation must be based upon more than the the information at hand, MERA takes a forensic approach to support their opinions.

Frequently Asked Questions:

How do I identify a genuine Oriental Rug?
This is an easy question to answer from a couple of photographs but difficult in a narrative without going into a lot of detail. Take advantage of our free offer to look at photos and tell you. Email them to us with your contact information and we will get right back to you. [Return to Top]

What information should a professional appraisal include?
A professional appraisal should clearly and accurately describe the rug, including the following information: Type, Country of origin, Size, Age, Description, and, of course, Value. Read more about our professional appraisals on our blog. [Return to Top]

What information should I gather before I contact you?
Once the rug is out of harm’s way and stabilized and you have taken overall photos, going a step further at this point by taking more detailed photos and requesting key documents from the insured can make the whole process much easier and more efficient. And, remember, regardless of how damaged the rug is, “Save the pieces!”. Our “Claim Notification Form” can help you save time. [Return to Top]

Can wet rugs be saved?
Many times, yes. But, time is very critical and fine rugs need specialized attention. It doesn’t take more than a day, and many times only a few hours for a wet rug to suffer damage. If it is not dried properly a rug is likely to suffer color bleeding or be destroyed by dry rot. Another little known fact is that moths love damp areas!. Act quickly and save the rug. Save the rug and you save hassles for the insured and money for everyone. [Return to Top]

Can I get a value on a rug that has been stolen or completely destroyed?
Yes, especially if the insured has been proactive and taken photos and saved sales and cleaning records. In the end, of course, nothing replaces a professional appraisal. Even if the value has not been updated for a while, a proper appraisal allows an expert to place a value that reflects current market conditions. In the event that you do not have proper documentation and photos, we can take a forensic approach by working with the insured. [Return to Top]

What factors impact the value of an Oriental Rug?
When Sy and I started in this business, over 35 years ago, this was a much easier question to answer. Quality was king! Iran (Persia) was the largest producer of rugs and was the benchmark against which most other new rugs were compared. So much has changed. Quality and Country of Origin are still very important, but, there is much more. Today, the market value of oriental rugs is very dependent on the ever changing fashion trends that we see in other home furnishings and women’s fashion. For more about all the factors that affect the value of oriental rugs, visit our blog. [Return to Top]

Can a worn Rug still have value?
Yes – especially today, for two major reasons. First is the growing popularity of worn rugs in decorating as part of the – “Shabby Chic” movement. Second is the amazing work that can be done to repair and restore rugs that appear to be worn beyond salvation. [Return to Top]

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For more information, please contact us today.